Investors' Soapbox PM

The Investment Fallout From Apple's Latest Moves

Stocks such as Garmin and TeleCommunication Systems will be hurt by Apple's new navigation app, writes Wedbush Securities.

June 12, 2012

Wedbush Securities

We attended the address by Apple CEO Tim Cook Monday, where the company announced a Next-Generation MacBook Pro, upgrades to the current MacBook Air and MacBook Pro, and highlighted new features of Mountain Lion OS X, and iOS6.

While we continue to be bullish on Apple (ticker: AAPL), we believe this announcement also...